Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.104)


Which bank partnered IIT-Madras to fund start-ups?

[A]. SBI
[C]. PNB
[D]. Indian Bank

Answer: Option D


State-owned Indian Bank in collaboration with IIT-Madras Incubation Cell (IITMIC) on Tuesday launched an initiative for funding start-ups. Under the initiative --IND Spring Board -- IITMIC will refer start-ups with proven technology and established cash flows to the bank and also extend advisory to the bank on the business model.

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